ASSETS

ASSETS

At EP Energy, we're driven to deliver superior returns for our investors by developing the oil and natural gas that feeds America's growing energy needs. Our high-quality asset portfolio includes programs in the Eagle Ford and Northeastern Utah areas.


ALTAMONT PROGRAM

NORTHEASTERN UTAH

The Uinta Basin in northeastern Utah is made up of naturally fractured, tight oil sands with multiple pay zones. We focus on developing our rich resource base in the Northeastern Utah field. Since 2018, we have drilled and completed some of the most productive oil wells in the company’s history. We continue to expand and deliver strong performance from our new horizontal program, which has significant inventory and realized capital and cost efficiencies. At the end of 2020, the company held over 155,000 net acres of leasehold and generated oil and gas production from over 400 wells. The company expects to operate one to two rigs in 2021 in this basin.
EAGLE FORD PROGRAM

EAGLE FORD

The Eagle Ford Shale, located in South Texas, is one of the premier unconventional oil plays in the United States. We were an early entrant in the Eagle Ford in late 2008. Since then, we've expanded our leasehold position in the core of the oil window of the play. We operate a low-cost, capital-efficient program with meaningful inventory in the Eagle Ford. At the end of 2020, the company held approximately 115,000 net acres of leasehold and produced from over 900 wells in the Eagle Ford Shale. The company expects to focus 2021 activities in this basin on completing drilled but uncompleted wells with the potential of adding a rig.